Lockheed Martin Employee Benefit: 401K Plan | Glassdoor

Lockheed Martin 401K Plan

Updated Jul 20, 2014

548 employees reported this benefit


Employer Summary

Lockheed Martin provides a 401(k) Savings Plan.

This information about the 401K Plan benefit at Lockheed Martin is the result of research by Glassdoor editorial staff, and was not provided directly by a representative of Lockheed Martin. The description here may not reflect the current Lockheed Martin 401K Plan benefit.

Available to US-based employees (Change location)

Employee Comments

Showing 1–10 of 116
  • Oct 18, 2017
    StarStarStarStarStar Current Subcontract Program Manager Associate in Liverpool, New York State

    For me as a 30 year employee, the company matches .50 on the dollar up to 8%. For newer employees that don't have a pension, I think it could be higher

  • Oct 13, 2017
    StarStarStarStarStar Current Engineer in Orlando, Florida

    Company Match is exceptional, to make up for pensions disappearing

  • Aug 07, 2017
    StarStarStarStarStar Current Employee in Sunnyvale, California

    Industry standard. $0.50/dollar matched up to 8%

  • Jul 26, 2017

    Decent company match and wide selection of investment options.

  • Jul 10, 2017
    StarStarStarStarStar Current Software Engineer in Owego, New York State

    decent 401k plan 50% up to 8% of your annual salary

  • Jul 06, 2017
    StarStarStarStarStar Current Electrical Engineer in Owego, New York State

    The vest part is they contribute 10% toward your 401k. I don't have any complaints about they 401k tool.

  • Jun 30, 2017
    StarStarStarStarStar Current Senior Systems Engineer in Sunnyvale, California

    Standard company match, financial planning tools and budgeting tools offered as well.

  • Jun 28, 2017
    StarStarStarStarStar Former Price Cost Analyst Sr. in Fort Worth, Texas

    Decent match but just slights higher than others

  • Jun 27, 2017
    StarStarStarStarStar Former Systems Engineer in Dayton, Ohio

    Good matching and a variety of fund options

  • Jun 19, 2017
    StarStarStarStarStar Current Employee in Fort Worth, Texas

    Plan offers very limited options

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